Granite selected for approximately $174 million los angeles world airports construction and rehabilitation project

Watsonville, calif.--( business wire )--granite (nyse:gva) has been awarded an approximately $174 million contract by the city of los angeles and los angeles world airports (lawa) to construct new exit taxiways and reconstruct sections of existing runways. the project will be funded by lawa's capital improvement plan (cip) and federal aviation administration (faa), and is expected to be included in granite's fourth quarter cap.
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